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IHG and Las Vegas Sands expand partnership

  • InterContinental Hotels Group (IHG -0.1%) announces a partnership with Sands China (OTCPK:SCHYY, OTCPK:SCHYF, LVS)  that will see The Venetian Macao and The Parisian Macao become InterContinental Alliance Resorts.
  • In addition, The Londoner Hotel in Macao will join the alliance when it opens in 2020 following the renovation of the current Holiday Inn Macao Cotai Central.
  • IHG and The Venetian Resort Las Vegas also entered a long-term extension of their alliance.
  • The partnership extends through to 2027 at all five properties.
  • Source: Press Release

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InterContinental Hotels Group PLC